Working Holiday Makers

Working Holiday Makers

Do you employ any Foreign Working Holiday Makers?

From 1 January 2017 these workers are taxed at a flat rate of 15% on their first $37,000 of income earned each year.Ensure they complete their TFN Declaration form and provide their Tax File Number. If they do not, you are required to withhold 47% tax on their income.You must also register with the ATO as being Working Holiday Maker employer. Click here for more information.